DALLAS, Oct. 10, 2016 /PRNewswire/ — Crudefunders, an online crowdfunding portal that offers direct investment in U.S. oil well drilling projects, today announced the launch of the nation’s first oil and gas industry equity crowdfunding opportunity open to accredited and non-accredited investors. The project has already raised more than $100,000 in the first seven days, and is expected to close before its deadline.

“Previously, only a small group of extremely wealthy individuals had the ability to invest in projects like these,” said David Taylor, cofounder of Crudefunders. “Today, anyone can invest in an E&P project, thanks to the passing of Reg CF under the JOBS Act. With oil prices where they are, if the well hits, the opportunity for our investors to make significant return on investment is probable.”

Crudefunders is open to any U.S. citizen, is free to join, and requires no credit checks. Investors can own a piece of an oil well – and its potential profit – for as little as $1,000 per project. Payouts to investors can begin as quickly as 90 days following the well’s proven success.

Private Placement Services LLC offers a full suite of professional consulting and offering document preparation services for those seeking to raise money via a private placement of debt, equity or convertible securities. I want to learn more

Crudefunders is backed by a team of industry veterans who thoroughly analyze all potential projects before making them available to investors and only works with credible independent oil and gas companies. The company provides transparency into well and project dynamics, as well as the tools needed to learn about the industry to its more than 4,000 registered investors.

Those interested in becoming an investor with Crudefunders can find additional information online at Crudefunders.com.

About CrudefundersCrudefunders is the FIRST online crowdfunding portal to offer direct investment in oil well drilling projects to non-accredited investors and accredited investors. It is an innovative, technology enabled Marketplace that provides a unique opportunity for all types of investors to directly participate in Oil & Gas projects for as little as $1,000 per investment. Crudefunders also helps create new jobs and helps increase American energy independence, while improving the odds of success for smaller operators and service companies.